I posted my thought about this chart a while ago now and turned out to be right. Clearly the fibbonaci levels for helped for my buying point and my profit taking points. The markets are taking another turn and there are even coins that get a new ATH already. Money is moving into the markets and there is not much flowing out so stocks just keep pushing up. I am...
BTC is in a difficult moment right now but i am thinking this is distrubution fase where whales are going to take money out of the market over a certain period of time. Historically speaking almost all CME gaps get filled again. I am thinking that after the first rush in december was the high for this month put in the first couple days. I am thinking we still...
CRYPTOCAP:ETH got dumped last week all together with BTC and is looking for another move again. Looking at my candles i notice that around $2200; ETH is getting pushed up every time it hits this box. This means that there is support around that level and that people are willing to buy at that level more than they are willing to sell. This means that the buy...
Fibbonaci is one of the tools that you could use as a strategy. Based upon the full retracement from the last bullmarket up until the bottom of the bear market which was after the FTX collapse i charted the fibbonaci from 1 being the top and 0 being the bottom. Some trend lines are also added and levels where some of the prices are. I hope you can learn...
GODCHART, Every level should be clear and should be respected with swing trades or scalps. CRYPTOCAP:AVAX should not be slept on now that also AVAX/BTC had a proper bounce. figure the levels out and you will be fine
BTC willing to push higher towards 38K but gets shoved down from that pricepoint constantly and is a hard resistance to go through. If we would have a pullback before riding it upwards again a correction of 12% would actually be healthy towards 33/34K. For the moment speaking i am pretty bullish tho and BTC is still keeping its uptrend that it has been in for...
NASDAQ:VRA has been going up for the past couple weeks. See my profile for a post i did on verasity earlier. There is a resistance which is forming a double top here and is concluding NASDAQ:VRA needs to go back to some support zones first to pick up some steam there if it wants to continue upwards. Also did the team of VRA announce that they will be...
TVC:DXY had a bad close last friday and was pretty bearish. I opened on monday and close inside the pennant down. Most likely DXY will now move to 106.154 and wash out some bears who got trapped in the little box ive drawn. There is this saying that if DXY moves upwards than stocks go ahead and dump and people convert there assets back into the dollar. This...
CRYPTOCAP:SOL is cooling off here and looking at the pushes up it gets weaker and weaker. It hit the target of $46 and after hitting the target it got sold off quickly. I am thinking it should hit $37 first liquidating some people out and refilling the bags with the people who got liquidated and continue the ride upwards again. Typically stocks would find a...
Looking at BTC it is still in an uptrend formation over the last 2 weeks after the initial pump above 30K. BTC liquidity is cooling off and BTC looking for a breakout here. I am thinking here that a lot of people are bullish also because alts are flying thrue the roof. For that specific reason i like to think that some more people need to get liquidated before...
NYSE:AXS is stabalizing after being in a downtrend for a long time. On my 3D chart i have the downtrend drawn. Looking at the big liquidity candle of nov 12 you can draw a bottom and based upon off that data it bounces of the levels of 3.99. Also NYSE:AXS has formed a pretty double bottom after a ugly liquidity wick there. Normally you would see those candles...
I've posted a chart on the 30th of october on LINK and i drew it all out for you guys. Right now LINK had the bounce of the levels and is continuing upwards with no real signs of bears. The trend is still up and the charts are looking well. LINK hit the $12 dollar target last night and is now on a level where there is some resistance but there a great bounce...
DXY has been going up for some time now and has been accumilating for the past 38 days or so. I think that we will go down first to cool off and hit 104.2 first. I am thinking that it will give some relief to some stocks as they go up if the dollar devalues because more money is being transferred from dollars to stocks or different things... After 104.2 is hit i...
I have been looking at XRP for a long time now and it has been in an uptrend for a very long time but with big swings. Now that we are above the pennant I am thinking XRP will trace its previous highs of $0.8 If XRP is done doing that i am thinking the coin can go back into accumilation for a while again before the next ride upwards. I dont think we will ever go...
I am looking at this chart and thinking that the 9.5 resistance turned into a support at the arrow marker but will never look back and take off leaving everyone behind (exept the people that bought in the 550D range). 10 dollars was a psychological level for a day and then it moved to almost $12 for some good range and a real target. I dont think we will ever...
I followed LINK for some time now and it has been ranging for 550 days almost and got its breakout. I can imagine we never go back to single digit again to leave everyone behind who missed the opportunity to buy within those 550 days. I am thinking the next short term target is $15 but we could easily go to $28 soon.
ETH/BTC has been bleeding for a while now. BTC got a great pump to new ATH of 2023. You always see every cycle that BTC breaks out first before ETH is getting injected. ETH/BTC is stabalizing right now and possible looking for a move up while many expect its still going down because it's looking quite weak. If ETH is going to find the move to follow BTC it is...
NASDAQ:VRA got it first surge upwards and i have taken the full bottom as the 0 marker and the local top as the 1 marker. We already retraced it backwards to 0.236 on the fibbonaci levels and got a very good bounce there. I am thinking 1.618 is going to be a next range.